An increased 18% GST rate on the margin value of the used car sales has been recommended by the GST Council for petrol vehicles (1200 cc or more), diesel vehicles that are 1500 cc or more, and all ...
Before delving into the details of the GST on used cars, let's clarify a few key concepts: Applicability of GST on the Sale of Old Cars The applicability of GST (Goods and Services Tax) on the sale of ...
Russia has long relied on foreign-made machine tools, despite efforts to build domestic alternatives. While the Kremlin has been sourcing large volumes of high-precision metalworking machinery ...
Only “registered persons” — mainly businesses involved in purchase and sale of used vehicles — are liable to pay Goods and Services Tax (GST) on sale of old and used vehicles, and that too only if a ...
After the public backlash over the increased tax on caramelised popcorn, the 18 per cent Goods and Services Tax (GST) on selling old vehicles has now caught the public's attention, sparking ...
Five big bangs that shook the corporate world in 2024 If an individual sells old and used car to another individual, GST would not be applicable. Sources said where the registered person has claimed ...
The GST Council on July 21 recommended bringing sale of old and used electric vehicles (EVs) and smaller petrol and diesel cars on a par with other vehicles. There have been a lot of doubts and ...
The GST Council has decided to increase the tax rate on small used cars, including electric vehicles, from 12% to 18%. This change affects vehicles with engines up to 1200 cc when sold by ...
Used Tesla Cybertrucks spend more than twice as many days on dealer lots before they find a buyer compared to a few months ago. This could indicate that demand for the polarizing-looking ...
Of the many consumer-grade tool options out there, one American manufacturer has been a fixture in that market as long as any, and that's Wisconsin-based Snap-on Tools. The company's history ...
“These first three records are what put The Used on the map,” said frontman Bert McCracken via a press release. “I can’t wait to experience the joy in playing all three records from front to back. I ...